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The Ice at a Certain Hockey Rink Is Made by Freezing

question 36

Essay

The ice at a certain hockey rink is made by freezing water that is 40 mm deep.How many
gallons of water does it take? Approximate the rink as a 60 m by 25 m rectangle.


Definitions:

Contribution Margin Ratio

The proportion of sales revenue that is not consumed by variable costs and therefore contributes to covering fixed costs.

Fixed Expenses

Costs that remain constant for a period of time regardless of production levels or business activity.

Combined ROI

The total return on investment generated from a set of investments or projects, combined into a single measure.

Net Operating Income

Represents the profit a company generates from its operations, minus all operating expenses except interest and taxes.

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